Last week, Senator Tom Coburn pushed for a vote on a measure to cut subsidies for ethanol. The 45 cent a gallon tax credit for ethanol cost the federal government nearly $5.5 billion last year. Senator Coburn explains the legislation.
The Chinese communist government is intentionally trying to slow down the world's second-largest economy. But some are now worried that the slow down is coming too fast. Michael Pettis, economist at Peking University in Beijing, explains.
Representatives from the developing world, drug makers and countries have gathered in London today to pledge money to the Global Alliance for Vaccines and Immunization, or the GAVI Alliance -- an organization that helps provide vaccines to children in poor countries.
The International Monetary Fund is investigating an attack on its computer system. Security experts said the source seemed to be a "nation state," and the hack could have yielded a wealth of private economic data used by the IMF
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